Imperial Petroleum Inc. (NASDAQ:IMPPP) Announces Quarterly Dividend of $0.55

Imperial Petroleum Inc. (NASDAQ:IMPPP) announced a quarterly dividend on Wednesday, June 10th. Stockholders of record on Thursday, June 25th will be paid a dividend of 0.5469 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 8.5%. The ex-dividend date of this dividend is Thursday, June 25th.

Imperial Petroleum Trading Down 0.1%

Shares of Imperial Petroleum stock opened at $25.70 on Thursday. The firm’s 50-day simple moving average is $26.06 and its 200-day simple moving average is $26.02. Imperial Petroleum has a twelve month low of $23.78 and a twelve month high of $27.78.

Imperial Petroleum Company Profile

Imperial Petroleum Inc provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals, crude oils, iron ore, coal and grains, and minor bulks, such as bauxite, phosphate, and fertilizers. As of April 1, 2024, the company owned and operated a fleet of six medium range refined petroleum product tankers; one Aframax tanker; two suezmax tankers; and two handysize drybulk carriers with a total capacity of 791,000 deadweight tons.